1317 Walter Ellison DR, Lockhart TX 78644

The market data from 4 similar recent sales in CLEARFORK points to a value of approximately $309,234. To sell within a reasonable timeframe at fair market value, the $220,000 to $230,000 range is where I'd position this. With 7 comparable homes on the market in CLEARFORK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 162 sqft larger than the typical comp, the size difference factors into the valuation. The 1994 construction puts this home 10 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in CLEARFORK, creating a buyer's market for this price range. In 78644, home values have fallen approximately 3% over the past 6 months. One of the strongest data points is 201 Windridge DR N, Lockhart TX 78644, adjusting to $256,465; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group